Org.nr 980 068 714 2003 → 2004 Year-over-year analysis

ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2004 vs 2003

Cash halved-plus

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADVICE MANAGEMENT CONSULTING AS. Net result +425.0k NOK → +349.1k NOK. Equity 415.9k NOK → 233.0k NOK.

On the constructive side: operating result improved; current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVICE MANAGEMENT CONSULTING AS.

At a glance

Revenue

1.26m NOK n/m

—

Operating result

+158.5k NOK +236.3k NOK

+49.1%

Net result

+425.0k NOK +349.1k NOK

-17.9%

Equity

415.9k NOK 233.0k NOK

-44.0%

Cash

590.9k NOK 285.4k NOK

-51.7%

Total assets

114.6k NOK 1.49m NOK

+1198.6%

↑
Operating result improved

Operating result +158.5k NOK → +236.3k NOK. Calculated
↑
Current ratio back above 1×

Current ratio 0.11× → 1.39×. Calculated

↓
Net result weakened

Net result +425.0k NOK → +349.1k NOK. Calculated
↓
Equity eroded

Book equity 415.9k NOK → 233.0k NOK (equity ratio 362.8% → 15.6%). Calculated
↓
Cash fell

Bank deposits 590.9k NOK → 285.4k NOK (-51.7% YoY). Calculated